MAGNE SELAND AS

4307 SANDNES

Finances

Return on Equity

17,58 %

Current Ratio

5,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	101 000
Net Income	569 000	530 000	−98 000	1 108 000
Total Assets	3 838 000	4 868 000	5 146 000	5 856 000
Total Equity	3 236 000	4 266 000	4 337 000	5 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	101 000
Expenditure	25 000	20 000	59 000	99 000
Operating Profit	−25 000	−20 000	−59 000	1 000
Financial Income	628 000	684 000	901 000	1 108 000
Financial Costs	34 000	134 000	940 000	1 000
Financial Balance	594 000	550 000	−39 000	1 107 000
Earnings Before Tax	569 000	530 000	−98 000	1 108 000
Tax	0	0	0	0
Net Income	569 000	530 000	−98 000	1 108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	541 000	541 000	541 000	671 000
Total Current Assets	3 297 000	4 327 000	4 605 000	5 185 000
Total Assets	3 838 000	4 868 000	5 146 000	5 856 000
Total Retained Equity	1 496 000	2 526 000	2 597 000	3 495 000
Total Equity	3 236 000	4 266 000	4 337 000	5 235 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	602 000	601 000	809 000	621 000
Total Equity and Debt	3 838 000	4 868 000	5 146 000	5 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	101 000
Revenue	0	0	0	101 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	14 000
Depreciation	0	0	0	29 000
Impairment	0	0	0	0
Expenditure	25 000	20 000	59 000	99 000
Operating Profit	−25 000	−20 000	−59 000	1 000
Financial Income	628 000	684 000	901 000	1 108 000
Financial Costs	34 000	134 000	940 000	1 000
Financial Balance	594 000	550 000	−39 000	1 107 000
Dividends	1 600 000	600 000	800 000	600 000
Net Income	569 000	530 000	−98 000	1 108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	130 000
Total Tangible Assets	0	0	0	130 000
Total Fiancial Fixed Assets	541 000	541 000	541 000	541 000
Total Fixed Assets	541 000	541 000	541 000	671 000
Stock	0	0	0	0
Total Investments	368 000	401 000	535 000	2 113 000
Cash, Bank	2 137 000	2 834 000	2 950 000	2 080 000
Total Current Assets	3 297 000	4 327 000	4 605 000	5 185 000
Total Assets	3 838 000	4 868 000	5 146 000	5 856 000
Total Equity	3 236 000	4 266 000	4 337 000	5 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	8 000	13 000
Unpaid Taxes	0	0	0	6 000
Dividends	1 600 000	600 000	800 000	600 000
Other Current Debt	2 000	1 000	1 000	1 000
Total Current Debt	602 000	601 000	809 000	621 000
Total Equity and Debt	3 838 000	4 868 000	5 146 000	5 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,58 %	12,42 %	−2,26 %	21,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	0,99 %
Current Ratio	5,48	7,2	5,69	8,35
Quick Ratio	5,48	7,2	5,69	8,35
Equity Ratio	0,84	0,88	0,84	0,89
Gross Profit Margin	-	-	-	100 %